July 2015
Beginner
272 pages
4h 30m
English
Content preview from The Rules of Wealth, 4th Edition
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RULE 4
They can give it all away if they like
Following on from the last Rule, not only can other people be irresponsible with their money, they can get rid of the lot if they want to. They can give it away, gamble it, burn it, spend it on sweets. They can do as they please. Yes, even your parents.
What? Your money? Your parents can just be allowed to give away your inheritance? Well no, actually, that would be impossible, because it isn’t your inheritance until they’ve gone. If they’re still here and capable of spending it, it’s not your inheritance. It’s their money. Just like your money is yours.
I understand that this can be very tough. Especially if you’re in a financial black hole and the only way out of the pit that you can see is the ...
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